Dollar Tree announces new stores as demand for discount retailers skyrockets
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
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It’s big Bend beer news: Deschutes Brewery acquires the Boneyard Beer brand
In Bend, beer is big business, which is why a new business partnership announced Wednesday between Deschutes Brewery and Boneyard Beer is big…
Continue ReadingSinclair to lay off hundreds of employees, citing ‘profound impact’ pandemic has had on its business
Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to…
Continue ReadingDollar Tree will open 600 stores this year
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue ReadingWendy’s went all in on breakfast. It’s paying off
People are eating at home more. But Wendy’s says they’re still showing up for breakfast. The chain said Wednesday that sales at its US…
Continue ReadingBiden’s energy secretary vows to ‘leave no worker behind’ in the clean energy revolution
Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new…
Continue ReadingWhy facial piercings could help boost mall traffic
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue ReadingThis piercing chain thinks it has found a new way to get people through mall doors
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue ReadingNew fund tracks ‘meme stocks’ after GameStop saga caught Wall Street off guard
Looking for a hot stock to buy? Investors — especially younger millennial and Gen Z traders— are increasingly getting tips from sources like…
Continue ReadingSoftBank-backed Greensill Capital is on the brink. 50,000 jobs could be at risk
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it…
Continue ReadingUK says the biggest companies must pay more tax
Britain will hike taxes on its biggest companies in 2023 as it begins to repair government finances in the wake of the pandemic, the worst economic…
Continue ReadingPrivate equity firm acquires Michaels in $5 billion deal
Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Apollo will buy all outstanding…
Continue ReadingWinter storm cools gun sales after Capitol insurrection led to record-setting January
The winter storm that left much of the nation covered in snow and ice last month also caused gun sales to cool down a bit after heating up in January…
Continue ReadingAlamo Drafthouse, the fan-favorite movie theater chain, files for bankruptcy
Alamo Drafthouse, the movie theater chain beloved by fans for its boozy milkshakes, theme nights and strict no-talking rules, has filed for…
Continue ReadingVaccines and stimulus are a powerful cocktail for the US recovery
Those betting on an economic boom in the United States this spring and summer just got a dose of very good news. What’s happening: President…
Continue ReadingLeaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two…
Continue ReadingExclusive: Wall Street is in for a rude awakening, former NY Fed president says
Wall Street threw a fit last week when Treasury rates spiked. The stock market tanked and investors feared the economy was overheating. Former New…
Continue ReadingUK promises billions more in stimulus. But are tax hikes coming soon?
UK finance minister Rishi Sunak is preparing to deliver a crucial budget in the wake of the economy’s worst slump in more than three centuries,…
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